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A limit order is an instruction to buy or sell an instrument at a specified price or better. Buy limit orders execute at the specified price or lower, while sell limit orders execute at the specified price or higher.

It isn't guaranteed and depends on the instrument price reaching your set limit. Trading bonds and fractional shares on limit orders isn't supported at the moment.

When you place a buy limit order, you specify the maximum price per share you're willing to pay.

For instance, if stock X is trading at USD 5 per share, and you set a buy limit order at USD 4, your order will execute (partially or fully) if the price drops to USD 4 or below. If the price doesn't drop to USD 4, your order won’t execute.

With a sell limit order, you set the minimum price per share at which you're willing to sell.

For example, if stock X is trading at USD 5 per share, and you set a sell limit order at USD 6, your order will execute (partially or fully) if the price rises to USD 6 or higher. If the price doesn't rise to USD 6, your order won't execute.

To place a limit order in your Revolut app:

• Go to 'Invest' on the bottom menu
• Select your desired instrument and tap 'Buy' or 'Sell'
• Click on the 'Order types' button on the left of 'Review'
• Select 'Limit order' and enter your desired price

Good 'til cancelled (GTC) orders are supported, allowing you to set expiry dates up to 6 months. You can choose to expire:

• On the same day
• In 90 days
• In 6 months
• On a custom date within the next 6 months

If the expiry date falls on a market holiday, your order will be cancelled at the end of the day on the previous trading day.